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The Latest Breaking News from The Ministry of Finance

Global Market: China state insurers, banks to raise up to $54 billion to bolster capital

China’s Ministry of Finance will inject up to $10.4 billion into five state-owned insurers as part of a broader plan to strengthen financial stability. The recapitalisation comes as tighter solvency rules and falling bond yields pressure insurers, while Beijing encourages greater equity investments. Analysts expect a measured, rather than aggressive,…

The Economic Times

China prepares £40bn stimulus for financial sector amid fears over sluggish growth

Beijing wants banks and insurers to bolster investment in stock market as it helps to replenish cash reserves

The Guardian - UK

Nirmala Sitharaman, IMF chief discuss India’s growth trajectory, global economic outlook

Finance Minister Nirmala Sitharaman met IMF Managing Director Kristalina Georgieva in Asheville. Georgieva acknowledged India's strong economic performance and evolving growth trajectory. Sitharaman also met World Bank President Ajay Banga and EU Commissioner Valdis Dombrovskis. Discussions focused on deepening economic partnerships and investments. Both leaders emphasized continued engagement for global…

The Economic Times

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Nirmala Sitharaman meets Mondelez, Hyatt executives in Chicago to deepen India presence

Finance Minister Nirmala Sitharaman met with Mondelez International and Hyatt executives in Chicago. Discussions focused on expanding their investments and operations within India. The meetings highlighted opportunities for increased manufacturing, sourcing, and services. Sitharaman emphasized India's skilled talent and improving business environment.

The Economic Times

Regional Rural Banks post all-time high net profit of Rs 10,176 crore in FY25-26; total business crosses Rs 13.5 lakh crore

Regional Rural Banks (RRBs) reported a record consolidated net profit of ₹10,176 crore in FY26, up from ₹6,820 crore a year earlier, while their total business crossed ₹13.5 lakh crore, the Finance Ministry said.

The Economic Times

JSCCIB Joins Forces with Public Sector and World Bank

BANGKOK, THAILAND – August 17, 2026 — The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB), comprising the Thai Bankers’ Association, the Board of Trade of Thailand and the Federation of Thai Industries, in collaboration with the Ministry of Finance, the Bank of Thailand, the National Economic and Social…

Bangkok Post

World’s 2nd-richest country to give 2.4 million citizens up to S$600 in September 2026 as cost-of-living support: Check who qualifies

The world’s second-richest country Singapore is set to give more than 2.4 million adult citizens up to S$600 in September 2026 under an enhanced cost-of-living support scheme. Eligible citizens will automatically receive the Enhanced B2026 COL Special Payment. Here’s who qualifies, how much they can receive and when the payment…

The Economic Times

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Perfect storm led by $100 oil batters shares

RECAP: Asian equity prices fell on Friday as world markets faced a perfect storm of $100 oil prices, resurgent Middle East fighting and worries about the AI investment boom.

Bangkok Post

Poland's debt climbs above €500bn as borrowing reaches record pace

Poland is now among the fastest-indebting countries in the European Union. According to the latest Eurostat data, only Finland and Bulgaria recorded a larger increase in the public debt-to-GDP ratio in the first quarter of 2026.

Euronews

GPF interest rate for government employees: Has Finance Ministry changed GPF rate from 7.1% for July-September 2026 quarter?

The Ministry of Finance has announced the GPF interest rate for the upcoming quarter. General Provident Fund and similar government funds will earn 7.1 percent interest. This rate remains unchanged for the July to September 2026 period. Public Provident Fund and small savings schemes also retain their current rates. Employees…

The Economic Times

Welfare card changes ‘left genuinely poor people behind’

People’s Party deputy leader Sirikanya Tansakun has strongly criticised the stricter eligibility criteria for the state welfare card programme, arguing that the tighter screening process has excluded many genuinely poor people from receiving assistance.

Bangkok Post

Sitharaman urges French firms to invest in India's AI, clean energy push

Union Finance Minister Nirmala Sitharaman urged French businesses to boost investments in India, highlighting vast opportunities in AI, clean energy, healthcare, and digital infrastructure. She emphasized the strong India-France partnership driving innovation and sustainable growth, noting a doubling of bilateral trade and the presence of 1,000 French firms. Sitharaman invited…

The Economic Times

Co-payment spending reaches B43 billion in first month

Total spending in the first month of the government’s “Thai Chuay Thai Plus” (Thais Help Thais) co-payment scheme reached 43.2 billion baht, with 1.2 billion remaining unspent, the Ministry of Finance said on Wednesday.

Bangkok Post

Do you lose your interest and deposit if you have multiple PPF accounts? Here's what the rules say

Discovering you have two Public Provident Fund accounts can be a common oversight, but it's crucial to address. Indian regulations strictly permit only one personal PPF account. Learn how to identify and regularize duplicate accounts, understand the implications for your deposits and interest, and what steps to take to avoid…

The Economic Times

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The Economic Times

Parliamentary panel moots higher education spending, says NEP's 6% GDP target unmet

A parliamentary committee has flagged current higher education funding as inadequate. It urges an increase to six percent of GDP, aligning with the National Education Policy-2020. The committee noted a lack of significant growth in enrollment ratios. The government stated allocations are based on departmental needs and within budget ceilings.

The Economic Times

Govt extends anti-dumping duty on aluminium foil imported from China & 3 other nations till December

India has extended anti-dumping duties on aluminium foil imports. The measure will remain in effect until December 15, 2026. This decision impacts imports from China, Malaysia, Thailand, and Indonesia. The Ministry of Finance issued a notification amending previous customs regulations. This action follows requests from domestic companies concerned about unfair…

Bangkok Post

Debt-free energy transition is possible

Thailand's energy transition is on the agenda, but in the most expensive way possible. On May 9, the government published an emergency decree authorising the Ministry of Finance to borrow up to 400 billion baht, of which half is for energy crisis relief and the other half (200 billion baht)…

The Economic Times

State Bank of India hands over Rs 8,813 cr dividend cheque to government for FY26

SBI presented a dividend cheque of Rs 8,813 crore for the financial year 2025-26 to Union Finance Minister Nirmala Sitharaman. This payout follows SBI's strong financial performance for FY26. The bank reported a net profit of Rs 80,032 crore and an operating profit of Rs 1,23,015 crore. SBI's overall business…

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The Economic Times

Have unclaimed deposits, insurance, mutual funds? Government launches single portal to trace forgotten assets

The Ministry of Finance has launched a new portal to help citizens find forgotten money. This initiative, called 'Your Money, Your Right', allows people to trace unclaimed bank deposits, insurance policies, and mutual fund investments. It also helps shareholders claim unpaid dividends and shares.

The Economic Times

Japan to introduce new range of JGBs targeting retail buyers, sources say

Japan is set to launch new government bonds aimed at individual investors. This move comes as the central bank scales back its bond buying. The new offerings will include inflation-linked and super-long bonds. The Ministry of Finance is exploring this strategy to broaden the investor base. This initiative seeks to…

The Economic Times

DA hike for Gramin Dak Sevaks: Postal employees to get 60% DA from this date; see impact on their payouts

Gramin Dak Sevaks (GDS) will now receive a Dearness Allowance (DA) of 60% of their basic Time Related Continuity Allowance (TRCA) starting January 1, 2026. This increase aligns GDS DA rates with those of central government employees. The Department of Posts confirmed this revision following an approval from the Ministry…

Newslaundry

IndiGo’s dominance is not about ‘success’. Here’s what Sanjeev Sanyal overlooked in his ANI interview

When Sanjeev Sanyal, Principal Economic Adviser in the Ministry of Finance, argued in a recent ANI interview with Smita Prakash that IndiGo’s dominance is not the real issue because “you can’t tax success” and that policy should instead “ensure churn”, he was appealing to a familiar liberalisation-era instinct in Indian…

The Guardian - UK

In Norway we see ourselves as ethically virtuous – so why is our oil wealth enabling genocide?

With an election looming, will politicians finally listen to the majority who want to divest from Israeli arms companies, asks Oslo academic Sindre Bangstad

Benzinga

Japan's 10-Year Yield Hits 1.59%, Highest Since 2008 — Lawrence McDonald Warns Global Bond 'Anchor' Is Breaking Amid Stimulus, Tariff Jitters

Japan’s 10-year government bond yield soared above 1.59% on Tuesday, reaching its highest level since 2008, as markets price in potential fiscal stimulus ahead of the July 20 Upper House election. The surge comes despite the Ministry of Finance reducing super-long bond issuances, signaling strong upward pressure on shorter-term rates.

Newslaundry

After SC verdict, why were over 8,000 electoral bonds still printed?

In February 2024, the Ministry of Finance ordered the State Bank of India to stop the printing of electoral bonds. This was 12 days after the Supreme Court declared the scheme unconstitutional.

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